My best friend’s brother is a conveyancing practitioner. I hope that I will receive mate’s pricing for conveyancing, However if that does not come materialise, what level of figure should I be paying for conveyancing in Chigwell?
You should compare pricing. Make use of our comparison tool on this site. You will notice that charges do vary but the service one can expect are distinct between property lawyers as is true with most professions.
We hope to to buy with Norwich and Peterborough Building Society. We have called around locally yet cant to find a Chigwell conveyancing firm on the Norwich and Peterborough Building Society approved list. Can you assist?
Please do take advantage of the search tool on this site. Please choose the building society and type Chigwell or your location and you will be presented with numerous conveyancers based in Chigwell or by proximity to you.
I'm purchasing a new build house in Chigwell with a mortgage from National Westminster Bank. The developers refused to reduce the amount so I negotiated 6k of additionals instead. The sale representative told me not inform my lawyer about this side-deal as it will jeopardize my loan with National Westminster Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Can you offer any advice when it comes to choosing a Chigwell conveyancing firm to deal with our lease extension?
When appointing a solicitor for lease extension works (regardless if they are a Chigwell conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Chigwell conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:
How experienced is the firm with lease extension legislation? If the firm is not ALEP accredited then what is the reason?
I inherited a first flat in Chigwell. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Most certainly. We can put you in touch with a Chigwell conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Chigwell premises is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case was in relation to 2 flats. The unexpired term was 69.26 years.
My solicitor in Chigwell has informed me that he requires ID documents saying that this is part of his requirements as a conveyancer on the mortgage company Conveyancing panel. Is this right?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not specific to conveyancing in Chigwell